All articles by prameela vegi
prameela vegi
Stahl launches next-generation solutions for lightweight automotive leather
Waalwijk, The Netherlands, 30 March 2021 – Stahl, an active proponent of responsible chemistry, has launched a range of next-generation solutions that enable tanners to produce lightweight automotive leathers without compromising on quality.
Blue Point Acquires Weaver Leather
US-based private equity firm Blue Point Capital Partners announced it has partnered with management in the acquisition of its ninth Blue Point IV platform investment, Weaver Leather. With a reputation for expert craftsmanship, Weaver Leather is a market leader with enthusiast brands in the equine, pet, leather crafting, arborist, livestock and construction markets. Based in Ohio, USA, the Company is a short drive from Blue Point’s Cleveland office, aligning with the Firm’s strategy of establishing local partnerships.
Rubric Initiative in Full Swing
Last year a trailblazing new charity dedicated to diversifying the fashion industry was launched. Now in full swing The Rubric Initiative is working hard to deliver on its promise of opening the doors for young people of colour trying to get into the industry, by offering financial support, mentorship programmes, and extensive educational resources.
Italy Enters New Lockdown
Millions of Italians entered another strict lockdown this week, as a third coronavirus wave sweeps the country. Half of Italy’s regions – including the two most populous containing Rome and Milan – are facing fresh restrictions in a bid to suppress the latest spike in Covid infections that have left hospitals struggling to cope with a surge in new admissions.
Leicester’s Textile Manufacturers Offered Support
The Leicester and Leicestershire Business Gateway Growth Hub has offered help to textile manufactures in the city who have been hit by a double blow of lockdown and bad publicity over working conditions. The Hub has come up with a programme of support to help manufacturers survive current challenges, recover and grow. The city employs around 10,000 people in fashion and textiles, working within around 1,500 businesses.
Aston Martin to Partner With Mercedes-Benz
Aston Martin’s chairman, Lawrence Stroll, told the Financial Times in the UK the supercar maker is going green. The company expects to have an all-electric supercar and luxury SUV by 2025. This represents a monumental change for the British brand, which has made its name with leather-lined supercars.
South Africa to Restrict Imports
South African President Cyril Ramaphosa says that government will clamp down on the illegal importation of goods in South Africa. Additional incentives to support local buying in South Africa will also be introduced. The president was speaking as part of a keynote address at the Proudly South African Summit and Expo 2021. Apart from its own procurement commitments, the South African government is working to lower the barriers to entry to make it easier to establish and grow a business in the country, President Ramaphosa said. He added that the country will focus on reducing its dependence on imported goods. This will be done through the introduction of small business local procurement thresholds for the public sector, he said.
Stahl to create more value for all stakeholders by focusing on four key strategic areas
Waalwijk, The Netherlands, 9 March 2021 – Stahl, the world leader in the specialty chemistry of coatings, processing and treatments, today announces that it will further apply its focus and efforts on four areas of strategic importance: digital transformation, open innovation, renewable feedstocks, and sustainable development. By doing this, and by working with partners throughout the value chain, Stahl will raise the bar and create more value for its employees, partners, customers, investors, and society at large.
Kering Invests in Resale Platform
In a gamble that the resale market will be a way to win over younger, more environmentally-conscious consumers, luxury group Kering has invested in Vestiaire Collective, Europe’s biggest platform for high-end second-hand clothes and handbags.